OneConnect Financial Tech Co Ltd ADR

OneConnect Financial Technology Co. Ltd. engages in providing cloud-native technology solutions to financial institutions in China. Its solutions provide technology applications and technology-enabled business services to financial institutions. The company was founded in December 2015 and is headquartered in Shenzhen, China.

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OneConnect reports improved Q1 performance and strategic growth initiatives

OneConnect's Q1 2024 performance reflects positive strides in reducing losses, improving margins, and driving revenue growth from overseas markets, underpinned by advancements in digital banking and insurance segments.
The company's strategic strengths in forming key partnerships, emphasizing product upgrades, and garnering industry recognition position it well for future market leadership and innovation.
While facing challenges in profitability sustainability and operational integration, OneConnect can capitalize on opportunities in market expansion, technological innovation, and ESG initiatives to fuel long-term growth.

OneConnect achieves historic profitability in Q2 2024 amid revenue growth

OneConnect Financial Tech Co Ltd demonstrated improved profitability and revenue growth in Q2 2024, marking a significant milestone in its financial performance.
The company's strategic focus on digital transformation, overseas expansion, and cost controls positions it well for future growth and market competitiveness.
While facing revenue challenges, OneConnect's proactive strategies and financial progress offer opportunities for sustained growth and shareholder value creation.

OneConnect reports improved Q3 performance amidst revenue challenges

OneConnect's Q3 2024 performance showcased improvements in net loss reduction and revenue growth from overseas customers, driven by strategic initiatives in key business segments.
The company's focus on cost control, R&D optimization, and overseas expansion underscores its commitment to achieving profitability in the midterm.
While facing revenue challenges from phasing out cloud services, OneConnect remains poised to capitalize on opportunities in overseas markets and product enhancements for sustainable growth.

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OneConnect Financial Technology Co. Ltd. engages in providing cloud-native technology solutions to financial institutions in China. Its solutions provide technology applications and technology-enabled business services to financial institutions. It operates through the Technology Solution and Virtual Bank Business segments. The Technology Solution segment includes implementation revenue and transaction-based and support services revenue. The Virtual Bank Business segment represents interest income from the lending business of its virtual bank and fees and commission from the firm's banking operations. The company was founded in December 2015 and is headquartered in Shenzhen, China.

SHENZHEN, China , Dec. 18, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced the results of its extraordinary general meeting of shareholders held in Shenzhen on December 18, 2024.

OneConnect Announces Extraordinary General Meeting Results

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q3 2024 Earnings Conference Call November 14, 2024 7:00 AM ET Company Participants Rick Chan - Head of IR Shen Chongfeng - Chairman and CEO Michael Lin - CFO Conference Call Participants Operator Ladies and gentlemen, thank you all for standing by and welcome to OneConnect's Third Quarter 2024 Earnings Call.

OneConnect Financial Technology Co., Ltd. (OCFT) Q3 2024 Earnings Call Transcript

Revenue from third-party overseas customers increased by 23.4% YoY in first three quarters of 2024 SHENZHEN, China , Nov. 14, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2024.

OneConnect Announces Third Quarter and Nine Months Ended September 30, 2024 Unaudited Financial Results

SHENZHEN, China , Nov. 4, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended September 30, 2024, and its publication before U.S. markets open on Thursday, November 14, 2024.

OneConnect to Announce Third Quarter 2024 Financial Results

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q2 2024 Earnings Conference Call August 16, 2024 8:00 AM ET Company Participants Rick Chan - Head of IR Shen Chongfeng - Chairman & CEO Luo Yongtao - CFO Conference Call Participants Judy Zhang - Citigroup Operator Ladies and gentlemen, thank you for standing by and welcome to OneConnect Second Quarter 2024 Earnings Call.

OneConnect Financial Technology Co., Ltd. (OCFT) Q2 2024 Earnings Call Transcript

Net  Margin of Continuing Operations to Shareholders Improved to -2.4% Net Margin of Continuing and Discontinued Operations[ 1] to Shareholders Improved to 35.1%  SHENZHEN, China , Aug. 16, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for the financial services industry in China, today announced its unaudited financial results for the second quarter and half year ended June 30, 2024.

OneConnect Announces Second Quarter and First Half 2024 Unaudited Financial Results

SHENZHEN, China , Aug. 6, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended June 30, 2024, and its publication before U.S. markets open on Friday, August 16, 2024.

OneConnect to Announce Second Quarter 2024 Financial Results

SHENZHEN, China , May 28, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for financial services industry in China, today announced the results of its annual general meeting of shareholders held in Shenzhen on May 28, 2024.

OneConnect Announces 2024 Annual General Meeting Results

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q1 2024 Earnings Conference Call May 21, 2024 8:00 AM ET Company Participants Rick Chan - Head of IR Shen Chong Feng - Chairman & CEO Luo Yongtao - CFO Conference Call Participants Lydia Lin - Morgan Stanley Laura Lee - CGS International Alan Kuang - Citigroup Operator Ladies and gentlemen, thank you for standing by, and welcome to OneConnect's First Quarter 2024 Earnings Call.

OneConnect Financial Technology Co., Ltd. (OCFT) Q1 2024 Earnings Call Transcript

Gross Margin of Continuing Operations[ 1] Improved by 0.3ppt and Net Margin of Continuing Operations to Shareholders Narrowed by 0.7ppt for First Quarter 2024 SHENZHEN, China , May 21, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a- service provider for financial services industry in China, today announced its unaudited financial results for the first quarter ended March 31, 2024.

OneConnect Announces First Quarter 2024 Unaudited Financial Results

SHENZHEN, China , May 8, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended March 31, 2024, and its publication before U.S. markets open on Tuesday, May 21, 2024.

OneConnect to Announce First Quarter 2024 Financial Results

SHENZHEN, China , April 23, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for financial institutions in China, today announced it filed its annual report on Form 20-F for the fiscal year ended December 31, 2023 with the Securities and Exchange Commission (the "SEC") on April 23, 2024 U.S. Eastern Time.

OneConnect Files Annual Report on Form 20-F

OneConnect Financial Technology Co., Ltd. (OCFT) Q4 2023 Earnings Call Transcript

Net Margin to Shareholders Improved to -8 . 8% for F ourth Quarter 2023 SHENZHEN, China , March 18, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd.

OneConnect Announces Fourth Quarter and Full Year Unaudited Financial Results

SHENZHEN, China , March 6, 2024 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service platform for financial institutions in China, today announced that it will release (i) the quarterly results of the Company and its subsidiaries for the three months ended December 31, 2023, and its publication and (ii) the annual results of the Company and its subsidiaries for the full year ended December 31, 2023, and its publication before U.S. markets open on Monday, March 18, 2023.

OneConnect to Announce Fourth Quarter and Full Year 2023 Financial Results

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Net Margin to Shareholders Improved to -10.8% for Third Quarter 2023 SHENZHEN, China , Nov. 13, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for financial services industry in China, today announced its unaudited financial results for the third quarter and nine months ended September 30, 2023.

OneConnect Announces Third Quarter and Nine Months Ended September 30, 2023 Unaudited Financial Results

SHENZHEN, China , Nov. 1, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended September 30, 2023, and its publication after U.S. markets close on Monday, November 13, 2023.

OneConnect to Announce Third Quarter 2023 Financial Results

OneConnect Financial Technology Co., Ltd. (NYSE:OCFT ) Q2 2023 Earnings Conference Call August 16, 2023 8:00 AM ET Company Participants Rick Chan - Head of Investor Relations Shen Chong Feng - Chairman and Chief Executive Officer Luo Yongtao - Chief Financial Officer Jessie Shen - Head of Strategy, Corporate Planning and Product Management Conference Call Participants Timothy Zhao - Goldman Sachs Lydia Lin - Morgan Stanley Laura Lee - CGS-CIMB Operator Ladies and gentlemen, thank you for standing by, and welcome to OneConnect Second Quarter 2023 Earnings Call.

OneConnect Financial Technology Co., Ltd. (OCFT) Q2 2023 Earnings Call Transcript

Gross Margin Remained Stable and Net Margin to Shareholders Improved by 13.2ppt YoY for Second Quarter 2023 SHENZHEN, China , Aug. 16, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for financial services industry in China, today announced its unaudited financial results for the second quarter and half year ended June 30, 2023.

OneConnect Announces Second Quarter and First Half 2023 Unaudited Financial Results

SHENZHEN, China , Aug. 1, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) ("OneConnect" or the "Company"), a leading technology-as-a-service provider for financial institutions in China, today announced that it will release the quarterly results of the Company and its subsidiaries for the three months ended June 30, 2023, and its publication before U.S. markets open on Wednesday, August 16, 2023.

OneConnect to Announce Second Quarter 2023 Financial Results

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The mean of analysts' price targets for OneConnect Financial Technology Co., Ltd. Sponsored ADR (OCFT) points to an 87.8% upside in the stock.

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SHENZHEN, China , May 29, 2023 /PRNewswire/ -- OneConnect Financial Technology Co., Ltd. ("OneConnect" or the "Company") (NYSE: OCFT and HKEX: 6638), a leading technology-as-a-service provider for financial services industry in China, today announced the results of its annual general meeting of shareholders held in Shenzhen on May 29, 2023.

News for OneConnect Financial Tech Co Ltd ADR Stock (OCFT)